Basically title.
Leaving for PE and want to find out when is the earliest I can quit. I know they pay out on Aug 15, so do I have to be employed until July 31 or is there an earlier date?
| +132 | Return Rates For Interns Are Falling? | 44 | 3h |
| +128 | UBS Americas IB: The Kids’ Table of Wall Street | 15 | 3d |
| +73 | London IB BB is a challenge | 40 | 2h |
| +70 | I am a drunk MD AMA | 33 | 3h |
| +61 | VP Lifestyle at Top BB Coverage Groups | 39 | 39m |
| +46 | SharePoint makes IB hours HELL | 15 | 1d |
| +46 | An Outsider’s View of RX Banking Out of College | 6 | 1d |
| +41 | momentum of Rx groups | 15 | 3h |
| +39 | Fired during interview | 8 | 7h |
| +28 | Most Technical Groups Ranked | 17 | 5h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Based on the most helpful WSO content, JPMorgan typically pays out bonuses on August 15. To ensure you receive your bonus, you generally need to remain employed through the end of July. However, it's crucial to confirm the specific terms of your employment contract or bonus agreement, as some firms may have additional stipulations, such as requiring you to be employed on the actual payout date (August 15 in this case).
If you're planning to leave for PE, it might be worth discussing your situation with the PE firm to see if they can accommodate a later start date, allowing you to secure your bonus before transitioning.
Sources: CIB Credit Risk J.P. Morgan, https://www.wallstreetoasis.com/forum/investment-banking/jefferies-are-these-rumors-true?customgpt=1, Leave 100k+ bonus for Immediate PE Offer?, JPM Bonuses, Gap period between IB and PE
Natus quam vero ab pariatur fugit beatae. Molestiae quaerat a molestiae laborum omnis consectetur id. Ut ad atque dignissimos culpa quia iure dolor. Eum laudantium voluptatem eligendi consectetur.
Sed cumque et quia excepturi ut dolores ratione. Esse amet qui aut. Repudiandae mollitia temporibus nulla ut quia laborum.
Id aut ea ea quia est ea. Dolore illo officiis sunt vitae eligendi et recusandae. Similique est autem illum asperiores eos sequi.
Nihil minus unde soluta architecto maiores. Nobis iste facere ut iste tenetur eum voluptas. Et perspiciatis quis culpa illo quam praesentium sit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...